News10NBC on Nostr: Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China ...
Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions
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Asian shares retreated after Wall Street tech retreat; Hong Kong's benchmark dipped over 2% due to concerns about China's property sector; Chinese officials provided vague details of a blueprint to make China a leader in technology and raise living standards; Taiwan's Taiex fell 2.3% due to restrictions on sales to China of semiconductors; European indexes were mixed after the European Central Bank held its main interest rate steady; S&P 500 dropped 0.8% with Big Tech stocks leading the market lower; Nvidia rose 2.9% and stretched its gain for the year to nearly 145%; majority of stocks within the S&P 500 fell; U.S. economy showed mixed reports on unemployment benefits and manufacturing growth; U.S. benchmark crude oil lost 52 cents to $80.78 per barrel; U.S. dollar rose to 157.48 Japanese yen from 157.37 yen; euro fell to $1.0885 from $1.0897.
#StockMarket #AsianShares #WallStreet #ChinaPolicy #Technology #Semiconductors #EuropeanCentralBank #S&p500 #UnemploymentBenefits #ManufacturingGrowth #CrudeOil #CurrencyExchange
https://www.whec.com/national-world/stock-market-today-asian-shares-sink-weighed-down-by-wall-st-tech-retreat-china-policy-questions-2/
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Asian shares retreated after Wall Street tech retreat; Hong Kong's benchmark dipped over 2% due to concerns about China's property sector; Chinese officials provided vague details of a blueprint to make China a leader in technology and raise living standards; Taiwan's Taiex fell 2.3% due to restrictions on sales to China of semiconductors; European indexes were mixed after the European Central Bank held its main interest rate steady; S&P 500 dropped 0.8% with Big Tech stocks leading the market lower; Nvidia rose 2.9% and stretched its gain for the year to nearly 145%; majority of stocks within the S&P 500 fell; U.S. economy showed mixed reports on unemployment benefits and manufacturing growth; U.S. benchmark crude oil lost 52 cents to $80.78 per barrel; U.S. dollar rose to 157.48 Japanese yen from 157.37 yen; euro fell to $1.0885 from $1.0897.
#StockMarket #AsianShares #WallStreet #ChinaPolicy #Technology #Semiconductors #EuropeanCentralBank #S&p500 #UnemploymentBenefits #ManufacturingGrowth #CrudeOil #CurrencyExchange
https://www.whec.com/national-world/stock-market-today-asian-shares-sink-weighed-down-by-wall-st-tech-retreat-china-policy-questions-2/